505 Valley Rd, Charlottesville, VA 22903

$900,000
6
BD
4
BA
3,347
SqFt

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Sold Price
$900,000
List Price
$849,000
Status
CLOSED
MLS#
668532
Closing Date
Oct 17, 2025
Bedrooms
6
Bathrooms
4
Living Area
3,347
Lot Size
9,583
Year Built
1948
Region
Charlottesville

Property Description

A rare opportunity in Charlottesville’s most sought-after location—adjacent to the University of Virginia’s South Lawn and a short walk to UVA Hospital. This classic 1948 brick home offers six bedrooms, four full baths, and is currently fully leased for the academic year, making it an ideal turn-key investment. Set back from the road and sited on the cul de sac, the property features timeless architectural details—arched windows, hardwood floors, and spacious rooms filled with character and charm. The unbeatable proximity to Grounds ensures lasting demand and long-term value. Perfect for student housing or as a hold-and-appreciate investment, this is an incredible chance to own real estate in one of the most desirable university settings in the country. Leased through 5/31/2026 at $5,700/month - includes $500/monthly utility allowance. Current undergrad tenants would like to extend their lease, if possible. Shown by appointment, after 12 noon - with 24-48 hours notice.

Additional Information

Stories
2
Heating
Central, Heat Pump, Hot Water, Multi-Fuel, Natural Gas
Roof
Architectural
Water
Public
Sewer
Public Sewer
Elementary School
Trailblazer
Middle School
Walker & Buford
High School
Charlottesville

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Calculator source: Real Geeks

Listing courtesy of LORING WOODRIFF REAL ESTATE ASSOCIATES. Selling Office: LORING WOODRIFF REAL ESTATE ASSOCIATES.